The interest rate for CPF Special, MediSave and Retirement accounts will
#16

(01-06-2024, 07:16 AM)sgbuffett Wrote:  The return of 6% has to be compared with inflation in Malaysia.

If there is zero inflation, 6% is very good ....if there is 7% inflation 6% is very bad.

Malaysia inflation rate is 2.49% in 2023.
Singapore inflation rate is 4.8% in 2023.

That 6% is good  vs 4% we get because it beats inflation there  more.

As for fall of MYR vs SGD. The currency exchange is only relevant when people travel across borders to spend. 
If you are a Malaysian spending your MYR in Malaysia you are affected only by inflation rate in Malaysia.

You talk a lot using official numbers but you are not at the ground level to understand the situation. My wife a former Msian now back in Msia to help out. Don't tell me official numbers come and post when you got Msian relatives or someone close to tell you their stories happening to them in Msia.
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Messages In This Thread
The interest rate for CPF Special, MediSave and Retirement accounts will - by Bigiron - 29-05-2024, 07:15 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by SoundofSilence - 29-05-2024, 07:31 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgh - 31-05-2024, 11:38 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgbuffett - 01-06-2024, 07:16 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgh - 02-06-2024, 12:41 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgbuffett - 02-06-2024, 11:33 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by SoundofSilence - 01-06-2024, 02:48 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgh - 02-06-2024, 12:35 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by SoundofSilence - 02-06-2024, 10:35 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgh - 02-06-2024, 02:32 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by SoundofSilence - 04-06-2024, 07:39 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by red3 - 29-05-2024, 09:17 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by klat - 29-05-2024, 10:00 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by Ola - 30-05-2024, 07:08 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgbuffett - 01-06-2024, 07:05 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by Tee tiong huat - 31-05-2024, 01:04 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by Tee tiong huat - 04-06-2024, 02:16 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by Wy:Nox - 31-05-2024, 08:14 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by FangFang - 01-06-2024, 09:03 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by Tee tiong huat - 04-06-2024, 02:36 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by sgbuffett - 01-06-2024, 09:28 AM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by Alice Alicia - 01-06-2024, 04:17 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by moonrab - 02-06-2024, 12:17 PM
RE: The interest rate for CPF Special, MediSave and Retirement accounts will - by SoundofSilence - 04-06-2024, 07:41 PM

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